ACCT 241 Week 1 Assignment Help 2 | Quiz | American University
- american-university / ACCT 241
- 26 Jul 2019
- Price: $10
- Other / Other
ACCT 241 Week 1 Assignment Help 2 | Quiz | American University
Question 1.
Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $1,200 and the variable cost per cup of coffee served is $0.22.
Required:
1. Fill in the following table with your estimates of the company's total cost and average cost per cup of coffee at the indicated levels of activity.
2. Does the average cost per cup of coffee served increase, decrease, or remain the same as the number of cups of coffee served in a week increases?
Question 2.
Cherokee Inc. is a merchandiser that provided the following information:
Question 3.
Harris Company manufactures and sells a single product. A partially completed schedule of the company’s total costs and costs per unit over the relevant range of 30,000 to 50,000 units is given below:
Required:
1. Complete the schedule of the company’s total costs and costs per unit as given in the relevant tab below.
2. Assume that the company produces and sells 45,000 units during the year at a selling price of $16 per unit. Prepare a contribution format income statement for the year.
USA 
India